Pear Deck Raises 4 Million to Grow Education Tech Team
Pear Deck, an Iowa City EdTech firm launched in 2014, raised 4 million from Growth Street Partners, Hyde Park Venture Partners, Village Capital, and AOL co founder Steve Case. The funding will help hire 5 to 10 more software developers, expand marketing, and accelerate product features for teachers in K-12. The round marks Growth Street’s first deal and brings total funding to about 5.2 million, with existing investors and state support centering on educators and school districts across 40 states.
MENTIONED IN THIS ARTICLE
Pear Deck
Iowa City
Anthony Showalter
Growth Street Partners
San Francisco
Hyde Park Venture Partners
Chicago
Village Capital
Washington, D.C
AOL
Steve Case
Iowa
Showalter
North Iowa Venture Capital Fund
Riley Eynon-Lynch
Growth Street
Nathan Grossman
Iowa Economic Development Authority
Case
South By Southwest
Austin
Texas
Kansas City
Haiku Learning
Sears Holdings faces substantial doubt over going concern
Sears Holdings, parent of Kmart and Sears, warns in its annual report that substantial doubt exists about its ability to continue as a going concern. The company lists $4.2 billion in debt, plans a $1 billion cost cut, and considers debt financing and asset sales, while revenue fell 12 percent to $22.1 billion.
MENTIONED IN THIS ARTICLE
Sears
Kmart
Sears Holdings
Kmart Holdings
Sears, Roebuck and Co
Craftsman
Stanley Black and Decker
Edward S. Lampert
Lampert
ESL Investments
Forbes Magazine
Starbucks adds Mercato lunch menu in Chicago rollout
Starbucks unveiled a Mercato lunch menu with healthier sandwiches and salads set to debut April 11 in about 100 Chicago stores. The plan aims to boost lunch sales as Starbucks seeks to double food sales to about 5 billion by 2021, with Chicago used as a testing ground for initiatives. Chairman Howard Schultz announced he will relinquish the CEO role on April 3 to Kevin Johnson, addressing concerns over mobile order hiccups.
MENTIONED IN THIS ARTICLE
Chicago
Starbucks
U.S
Seattle
Howard Schultz
Kevin Johnson
Schultz
Marriott tests Alexa and Siri in Aloft hotel rooms
Marriott International is testing Amazon Alexa and Apple Siri in Aloft hotel rooms in Boston Seaport to gauge guest control of lights drapes temperature and TV. Wynn Resorts started Alexa in Wynn Las Vegas suites in December as hotels showcase voice tech. Marriott could pick a winner by mid year to expand across its chains, boosting exposure for the voice platform.
MENTIONED IN THIS ARTICLE
Amazon.com
Apple
Alexa
Siri
Marriott International
Boston
Seaport
Wynn Resorts Ltd
Wynn Las Vegas
Amazon
Marriott
Toni Stoeckl
Aloft
Element
Moxy
United States
Also Mentioned on This Page
TECH
Matthew Patane
the Gazette
Matthew.patane
Thegazette
Reuters
Marriott Hotel